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How Woolies is using 2D barcodes to increase sales and transparency

Inside Retail

With this next generation of barcodes, there’s a real opportunity to connect with consumers in ways we haven’t before,” explained Richard Jones, chief marketing officer at GS1. Their journey began in 2017 with just loose produce. “At

Markdowns 130
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Advanced Retail Pricing Strategy: Unifying PPMO (2022)

Retalon

This is one of the main reasons why leading retailers are bolstering their retail pricing strategy by investing in UPPMO (Unified Price, Promotion, and Markdown) solutions. Top retailers achieve smooth cross-channel operations with the use of Unified Pricing, Promotion, and Markdown Optimizations solutions. Let’s find out.

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What Are Trade Promotions and How Can You Make Yours a Success?

Wiser

Marketing to retail partners, wholesalers, and distributors is just as much part of the puzzle for brands as marketing directly to consumers. Trade promotions are marketing campaigns and promotions organized by brands that are aimed at increasing sales within a retailer, sweetening the pot for both the store and the shopper.

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Meet Lindsay Nicholas, the fashion designer bringing NY edge to Melbourne

Inside Retail

New York fashion designer Lindsay Nicholas started her business seven years ago as a side hustle while working in marketing in Singapore. Of course, life doesn’t always turn out as we plan, and we wound up moving to Melbourne in 2017. We’re also not a brand that takes markdowns on stock after six weeks.

Fashion 130
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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. The system does this proactively, to maximize the changes of selling items at full price, before retailers experience lost sales or have to take markdowns. connecting marketing with merchandising). Key Takeaways.

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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. The system does this proactively, to maximize the changes of selling items at full price, before retailers experience lost sales or have to take markdowns. connecting marketing with merchandising). Key Takeaways.

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Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations. In-Stock Percent. Every retailer aims to minimize the amount of out-of-stocks in their stores, so a particularly useful KPI is in-stock percent. Promotion Lift.